Frontier Group Holdings Inc (NASDAQ:ULCC) Stock Dropped -14.49% Year-To-Date, What Analysts Expect Next?

In last trading session, Frontier Group Holdings Inc (NASDAQ:ULCC) saw 3.66 million shares changing hands with its beta currently measuring 2.39. Company’s recent per share price level of $6.08 trading at $0.29 or 5.01% at ring of the bell on the day assigns it a market valuation of $1.38B. That closing price of ULCC’s stock is at a discount of -68.75% from its 52-week high price of $10.26 and is indicating a premium of 54.11% from its 52-week low price of $2.79. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 3.5 million shares which gives us an average trading volume of 2.93 million if we extend that period to 3-months.

For Frontier Group Holdings Inc (ULCC), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 3.09. Splitting up the data highlights that, out of 6 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 3 suggested the stock as a Hold whereas 3 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.04 in the current quarter.

Frontier Group Holdings Inc (NASDAQ:ULCC) trade information

Upright in the green during last session for gaining 5.01%, in the last five days ULCC remained trading in the red while hitting it’s week-highest on Thursday, 03/06/25 when the stock touched $6.08 price level, adding 14.49% to its value on the day. Frontier Group Holdings Inc’s shares saw a change of -14.49% in year-to-date performance and have moved -11.88% in past 5-day. Frontier Group Holdings Inc (NASDAQ:ULCC) showed a performance of -39.56% in past 30-days. Number of shares sold short was 14.32 million shares which calculate 4.25 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 7.08 to the stock, which implies a rise of 14.06% to its current value. Analysts have been projecting 5 as a low price target for the stock while placing it at a high target of 8.5. It follows that stock’s current price would jump 17.76% in reaching the projected high whereas dropping to the targeted low would mean a gain of 17.76% for stock’s current value.

Frontier Group Holdings Inc (ULCC) estimates and forecasts

This year revenue growth is estimated to rise 16.73% from the last financial year’s standing.

7 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 1.01B for the same. And 7 analysts are in estimates of company making revenue of 1.14B in the next quarter. Company posted 865M and 973M of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -19.57% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 284.91% while estimates for its earnings growth in next 5 years are of 95.36%.

Frontier Group Holdings Inc (NASDAQ:ULCC)’s Major holders

Insiders are in possession of 46.48% of company’s total shares while institution are holding 51.42 percent of that, with stock having share float percentage of 96.06%. Investors also watch the number of corporate investors in a company very closely, which is 51.42% institutions for Frontier Group Holdings Inc that are currently holding shares of the company. INDIGO PARTNERS LLC is the top institutional holder at ULCC for having 32.09 million shares of worth $158.21 million. And as of 2024-06-30, it was holding 14.3131 of the company’s outstanding shares.

The second largest institutional holder is WILDCAT CAPITAL MANAGEMENT, LLC, which was holding about 28.06 million shares on 2024-06-30. The number of shares represents firm’s hold over 12.5154 of outstanding shares, having a total worth of $138.34 million.

On the other hand, ETF Series Solutions-U.S. Global Jets ETF and Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 5.37 shares of worth $32.64 million or 2.36% of the total outstanding shares. The later fund manager was in possession of 2.83 shares on Dec 31, 2024 , making its stake of worth around $17.18 million in the company or a holder of 1.24% of company’s stock.